India, March 14 -- German stocks are up firmly in positive territory a little past noon on Friday, despite rising trade tensions, and uncertainty surrounding the nation's spending plans. Investors are digesting the nation's inflation data and some corporate earnings updates.
The benchmark index DAX, which climbed to 22,731.72, was up 165.12 points or 0.73% at 22,698.10 a little while ago.
Rheinmetall is gaining 4.3% and Adidas is rising nearly 3%. Siemens Healthineers, Fresenius Medical Care, Zalando, MTU Aero Engines, Heidelberg Materials, BASF, Bayer and Commerzbank are up 1 to 2%.
Daimler Truck is gaining nearly 1.5%, despite reporting a 15% drop in adjusted earnings for fiscal year 2024. The company has forecast that adjusted operati...